CRH Medical has entered into a new, three-year revolving credit facility which provides up to $200 million in borrowing capacity, and represents an increase from the company’s previous $100 million facility.
The new facility includes a committed $125 million facility and access to an accordion feature that would increase the amount of credit available to CRH by $75 million.
The lending syndicate for the new facility is led by JPMorgan Chase Bank, and includes The Bank of Nova Scotia, U.S. Bank and Wells Fargo.